Travel Industry Reverse Auction Sites
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I am having a hard time understanding the following as it relates to Travel Industry Reverse Auction Sites (i.e. Priceline.com):
Value Proposition
Online offering
Resource system
Revenue model
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Solution Summary
This explanation provides you a comprehensive argument relating to Travel Industry Reverse Auction Sites
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Priceline.com
VALUE PROPOSITION:
1. Priceline is a service that allows you to name a price for airline tickets. There are some airlines that have a deal with the site so that you can buy lower air fares on some routes. If your named price is higher than the price quoted by the airline, some associated costs are added to your bill and the ticket is yours.
2. The value it gives to the ...
Education
- BSc , University of Calcutta
- MBA, Eastern Institute for Integrated Learning in Management
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